Ashoka Buildcon's short-term debt rating reaffirmed by ICRA before withdrawal at company request

Ashoka Buildcon Ltd announced that ICRA Limited (ICRA) has reaffirmed and withdrawn the “[ICRA] A1+” rating for the company’s short-term debt, specifically Commercial Paper instruments with codes 730851, 731112, 731487, 732069, 732127, and 732724; the withdrawal was at the company’s request and aligns with ICRA's policy. The company noted that its other debt and instruments continue to be rated by other Credit Rating Agencies, without specifying which agencies or the ratings assigned.